Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: freedumb2003

The city didn't pay for the team, Bob McNair did, and he paid $700 million, not $1.1 billion. The stadium cost $450 million, but Reliant Energy paid $300 million for the naming rights. Most of the roadway/utilities/sewer improvements also benefit the next door Astrodome (being converted into a hotel/convention/entertainment complex similar to successful Gaylord-owned facilities in Grapevine, TX and Nashville, TN) and the Astroarena used year-round for meetings/events, so you can't allocate all (or even most) of those ancilliary costs to the Texans. Even if you did it would fall far short of $2 billion.


99 posted on 09/26/2006 9:34:56 AM PDT by Diddle E. Squat
[ Post Reply | Private Reply | To 95 | View Replies ]


To: Diddle E. Squat

Well, enjoy them anyway. You and I both know the taxpayers are on the hook for part of the price.

Like I said, we are waiting for the NFL to pay us.


100 posted on 09/26/2006 9:36:52 AM PDT by freedumb2003 (Insultification is the polar opposite of Niceosity)
[ Post Reply | Private Reply | To 99 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson